2-Wheeler Fuel Tank Market Size, Share, Trends (2022-27) | Forecast Report

 

Market Overview:

The 2-Wheeler Fuel Tank Market was worth USD 3520 million in 2020 and is expected to be worth USD 4313 million by 2026, growing at a CAGR of more than 3% during the forecast period (2021–2026).

Due to supply chain disruptions and a halt in production in manufacturing units, the COVID-19 pandemic has hampered the growth of the 2-wheeler fuel tank market. Furthermore, rising penetration and demand for electric motorcycles, as well as the implementation of stringent emission standards, may stymie market growth.

However, the market is expected to recover during the forecast period due to shifting consumer preferences toward motorcycles over other modes of public transportation in order to maintain safe and sanitary conditions in the aftermath of the pandemic. As the demand for automobiles grows, so does the demand for automotive fuel tanks.

Scope of the Report:

A fuel tank for a two-wheeler is a container that holds fuel. It is a special container in which hydraulic fluid or hydraulic fluid is stored by a hydraulic system. The 2-Wheeler fuel tank market covers the most recent trends and COVID-19 impact, as well as market technological developments. The report’s scope includes segmentation based on capacity type and geography.

The market is divided into two categories based on capacity: less than 20 litres and more than 20 litres. The market is divided into four regions: North America, Europe, Asia-Pacific, and the Rest of the World. Market sizing and forecasting have been done based on value for each segment (USD million).

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